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The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 29 ] [ 30 ] [ 31 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 32 ]
The cities Johannesburg, Midrand and Pretoria, which are all economic powerhouses, and Vanderbijlpark, which is an industrial powerhouse, [10] are all in Gauteng. Gauteng is home to the Johannesburg Stock Exchange , [ 11 ] the largest stock exchange in Africa, as well as the head offices of over 140 local and international banks. [ 7 ]
South Africa * 21 17 61 2021 South Korea * 5 25 70 2021 South Sudan * 62 13 25 2021 Spain * 4 20 76 2021 Sri Lanka * 26 28 46 2021 Sudan * 41 15 45 2021 Suriname * 8 27 65 2021 Eswatini * 12 24 63 2021 Sweden * 2 18 80 2021 Switzerland * 2 20 78 2021 Syria * 12 22 65 2021 Taiwan * 5.2 35.9 58.8 2010 est.
Although this only represents 12.4% of the total land used for agriculture in South Africa, the Western Cape produces 55% to 60% of South Africa’s agricultural exports, valued at more than R7 billion [50] (US$1 billion) [51] a year. In 2008, the sector was also one of the fastest growing of the economy, expanding by 10.6%. [37]
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South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
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